In 2020, we built the Raid Guild escrow to facilitate a better payments system for raids. With the escrow, raiders get assurances that funds exist to pay them for their work, and clients get assurances that they will only pay if the raiders deliver. Further, we automated the payment of spoils to the guild.
To date, a handful of clients have used the escrow, and it has worked as intended. That said, we have identified a number of changes that can make our escrow even better, as well as a need to better disseminate knowledge of how to use the escrow to all guild members.
Smart Invoice
We took our learnings from building the RG escrow and applied them to a new Raid Guild product called Smart Invoice: a new way for freelancers, DAOs, and other organizations ("freelancers") to get paid for the work clients hire them to deliver.
Smart Invoice turns the traditional invoice on its head. It gives freelancers and clients all the benefits of the RG escrow, plus the following improvements:
Flexible final milestone (e.g. to support tips or expanded scope)
Smart Invoice is built and we're gearing up to launch it as a standalone web3 product. We're proud of it and think it can provide a lot of value to freelancers in our space, so we want to give the launch some heft.
Summary
This RIP combines several related objectives:
A. Launch Smart Invoice 1.0 as a Raid Guild standalone product
Final UI/UX tweaks
Craft FAQ and documentation
Contract code review
Write tests for contracts
Launch announcement / blog post
Launch marketing collateral (images for tweets, etc.)
B. Upgrade the RG escrow with the improvements from Smart Invoice
Modify the Smart Invoice front end to work for RG's specific use case
C. Teach RG members how/when to use the new escrow
Update documentation / handbook guide
Group and individual learning sessions
These sessions will double as user interviews for the Smart Invoice team to gather input/feedback that will inform further development of Smart Invoice.
Why should we build this?
Much improved RG escrow
Launch a new product that will be useful for web3 freelancers and DAOs
Create the conditions for that product to eventually be a source of passive income for Raid Guild
Anything else you'd like to add?
We expect to propose a follow-up RIP for Smart Invoice v2, which incorporate what we learn during this RIP.
Raid Party Skills Needed
Archery / Ranging - modifying the Smart Invoice design to support RG escrow needs & ensure it works for Clerics and clients
Warrioring - modifying the Smart Invoice front end to support RG escrow needs
Scribing - internal and client-friendly documentation & instructions for how to use the new escrow
Wizardry - reviewing contracts, writing tests, and writing & integrating contracts with the existing escrow contract (as necessary)
Paladinning - hook up Airtable to the new escrow app, etc.
Monking - guide the project from end to end
Project Submitted By
@spencer
Background
RG Escrow
In 2020, we built the Raid Guild escrow to facilitate a better payments system for raids. With the escrow, raiders get assurances that funds exist to pay them for their work, and clients get assurances that they will only pay if the raiders deliver. Further, we automated the payment of spoils to the guild.
To date, a handful of clients have used the escrow, and it has worked as intended. That said, we have identified a number of changes that can make our escrow even better, as well as a need to better disseminate knowledge of how to use the escrow to all guild members.
Smart Invoice
We took our learnings from building the RG escrow and applied them to a new Raid Guild product called Smart Invoice: a new way for freelancers, DAOs, and other organizations ("freelancers") to get paid for the work clients hire them to deliver.
Smart Invoice turns the traditional invoice on its head. It gives freelancers and clients all the benefits of the RG escrow, plus the following improvements:
Smart Invoice is built and we're gearing up to launch it as a standalone web3 product. We're proud of it and think it can provide a lot of value to freelancers in our space, so we want to give the launch some heft.
Summary
This RIP combines several related objectives:
A. Launch Smart Invoice 1.0 as a Raid Guild standalone product
B. Upgrade the RG escrow with the improvements from Smart Invoice
C. Teach RG members how/when to use the new escrow
Why should we build this?
Anything else you'd like to add?
We expect to propose a follow-up RIP for Smart Invoice v2, which incorporate what we learn during this RIP.
Raid Party Skills Needed
Archery / Ranging - modifying the Smart Invoice design to support RG escrow needs & ensure it works for Clerics and clients Warrioring - modifying the Smart Invoice front end to support RG escrow needs Scribing - internal and client-friendly documentation & instructions for how to use the new escrow Wizardry - reviewing contracts, writing tests, and writing & integrating contracts with the existing escrow contract (as necessary) Paladinning - hook up Airtable to the new escrow app, etc. Monking - guide the project from end to end
Cost (in USD)
\$7500